Venture Global (VG) Research & Development (2024 - 2026)

Venture Global (VG) posted quarterly Research & Development of $46.0 million for Q1 2026, down 74.73% year-over-year from $182.0 million in Q1 2025, and down 11.54% quarter-over-quarter from $52.0 million in Q4 2025.

Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends

Venture Global (VG) has reported Research & Development for 3 consecutive years, with $46.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Research & Development fell 74.73% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at $208.0 million (down 67.3% YoY), while the FY2025 annual figure was $344.0 million, down 45.83% from the prior year.
  • Research & Development eased to $46.0 million in Q1 2026 per VG's latest filing, from $52.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $182.0 million in Q1 2025 and bottomed at $46.0 million in Q1 2026.
  • Historically, Research & Development has averaged $113.9 million across 3 years, with a median of $124.0 million in 2024.
  • Annual changes were most pronounced in 2025 — Research & Development grew 0.55% — and 2026, when it plunged 74.73%.
  • Venture Global's Research & Development stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then fell by 11.54% to $46.0 million in 2026.
  • Business Quant data shows VG's Research & Development at $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn -
2 Enbridge 111.13 Bn 109.64 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - -
4 Energy Transfer 72.53 Bn 71.50 Bn 7.40 Bn -
5 Tc Energy 66.12 Bn 58.56 Bn 1.24 Bn -
6 Mplx 60.19 Bn 59.16 Bn 2.73 Bn -
7 Oneok 60.00 Bn 59.84 Bn 2.81 Bn -
8 Targa Resources 59.13 Bn 59.00 Bn 2.14 Bn -
9 Cheniere Energy 56.04 Bn 54.79 Bn 5.29 Bn -
10 Venture Global 34.44 Bn 31.22 Bn 2.92 Bn 23.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 23.00 Mn
Mar 31, 2026 46.00 Mn
Dec 31, 2025 52.00 Mn
Sep 30, 2025 53.00 Mn
Jun 30, 2025 57.00 Mn
Mar 31, 2025 182.00 Mn
Dec 31, 2024 124.00 Mn
Sep 30, 2024 156.00 Mn
Jun 30, 2024 174.00 Mn
Mar 31, 2024 181.00 Mn